CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Current assets
Cash and cash equivalents	$ 877,758	$ 632,581
Receivables, less allowance for doubtful accounts of $6,089 at September 30, 2020 and $6,347 at December 31, 2019	275,432	298,186
Inventories	302,410	293,467
Other current assets	65,152	37,211
Total current assets	1,520,752	1,261,445
Property, plant and equipment - net	293,304	280,316
Goodwill	1,863,577	1,779,745
Intangible assets - net	417,080	388,031
Other noncurrent assets	130,882	104,375
Total assets	4,225,595	3,813,912
Current liabilities
Trade accounts payable	134,782	138,463
Accrued expenses	236,937	180,290
Short-term borrowings	150	388
Dividends payable	37,830	38,736
Total current liabilities	409,699	357,877
Long-term borrowings	1,044,112	848,864
Deferred income taxes	151,924	146,574
Other noncurrent liabilities	223,331	197,368
Total liabilities	1,829,066	1,550,683
Commitments and contingencies
Preferred stock:
Authorized: 5,000,000 shares, $.01 per share par value; Issued: None	0	0
Common stock:
Authorized: 150,000,000 shares, $.01 per share par value, Issued: 89,921,872 shares at September 30, 2020 and 89,948,374 shares at December 31, 2019	899	899
Additional paid-in capital	778,469	760,453
Retained earnings	2,778,130	2,615,131
Treasury stock at cost: 14,260,042 shares at September 30, 2020 and 13,860,340 shares at December 31, 2019	(1,079,720)	(985,909)
Accumulated other comprehensive income (loss)	(81,249)	(127,345)
Total shareholders’ equity	2,396,529	2,263,229
Total liabilities and shareholders’ equity	$ 4,225,595	$ 3,813,912